The fund owns Beta (Systematic Risk) of 0.0 which conveys that the returns on MARKET and LEAD DIVERS are completely uncorrelated. Although it is extremely important to respect LEAD DIVERS ACHF existing price patterns, it is better to be realistic regarding the information on equity price patterns. The approach into estimating future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting LEAD DIVERS ACHF technical indicators you can right now evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
LEAD DIVERS ACHF Relative Risk vs. Return LandscapeIf you would invest 0.00 in LEAD DIVERS ACHF on November 14, 2018 and sell it today you would earn a total of 0.00 from holding LEAD DIVERS ACHF or generate 0.0% return on investment over 30 days. LEAD DIVERS ACHF is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than LEAD DIVERS ACHF and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
LEAD DIVERS Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days LEAD DIVERS ACHF has generated negative risk-adjusted returns adding no value to fund investors.